【券商聚焦】光大证券维持澳优“增持”评级指海外业务成业绩支撑点

金吾财讯02-02

（原标题：【券商聚焦】光大证券维持澳优(01717)“增持”评级指海外业务成业绩支撑点）金吾财讯|光大证券发布研报指，澳优(01717.HK)2025年业绩受内码调整进度偏慢及行业竞争加剧影响，预计收入同比增1.1%至74.87亿元，归母净利润2.36亿元基本持平。核心拖累因素包括：国内奶粉业务内码切换延迟至25Q4完成，涨价策略与行业降价趋势形成冲突；国内出生率下滑及行业收入增速放缓进一步压制...

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【券商聚焦】光大证券维持澳优“增持”评级 指海外业务成业绩支撑点

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【券商聚焦】光大证券维持澳优“增持”评级指海外业务成业绩支撑点